The Charles Schwab Corporation $SCHW Shares Sold by Premier Fund Managers Ltd

Premier Fund Managers Ltd decreased its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW) by 56.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 210,705 shares of the financial services provider’s stock after selling 272,145 shares during the period. Premier Fund Managers Ltd’s holdings in Charles Schwab were worth $21,186,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Souders Financial Advisors boosted its holdings in shares of Charles Schwab by 2.3% during the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider’s stock worth $434,000 after purchasing an additional 98 shares during the last quarter. Lantz Financial LLC boosted its holdings in shares of Charles Schwab by 3.1% during the fourth quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock worth $324,000 after purchasing an additional 99 shares during the last quarter. Roberts Wealth Advisors LLC boosted its holdings in shares of Charles Schwab by 0.5% during the fourth quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock worth $2,294,000 after purchasing an additional 105 shares during the last quarter. Harfst & Associates Inc. boosted its holdings in shares of Charles Schwab by 0.3% during the third quarter. Harfst & Associates Inc. now owns 33,724 shares of the financial services provider’s stock worth $3,220,000 after purchasing an additional 107 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its holdings in Charles Schwab by 0.4% in the fourth quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider’s stock valued at $2,460,000 after acquiring an additional 107 shares during the last quarter. Institutional investors and hedge funds own 84.38% of the company’s stock.

Charles Schwab Price Performance

SCHW stock opened at $92.06 on Thursday. The firm has a market cap of $160.01 billion, a P/E ratio of 18.27, a price-to-earnings-growth ratio of 0.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.62 and a current ratio of 0.62. The Charles Schwab Corporation has a 1 year low of $83.19 and a 1 year high of $107.50. The stock has a 50-day simple moving average of $93.83 and a 200-day simple moving average of $96.21.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings results on Thursday, April 16th. The financial services provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.39 by $0.04. The firm had revenue of $6.48 billion for the quarter, compared to analyst estimates of $6.39 billion. Charles Schwab had a return on equity of 23.03% and a net margin of 37.99%.Charles Schwab’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 EPS. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities analysts predict that The Charles Schwab Corporation will post 5.99 earnings per share for the current fiscal year.

Charles Schwab Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab’s payout ratio is 25.40%.

Insider Activity

In related news, Director Christopher V. Dodds sold 11,825 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $104.55, for a total value of $1,236,303.75. Following the transaction, the director owned 449,406 shares in the company, valued at approximately $46,985,397.30. The trade was a 2.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Dennis Howard sold 27,903 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total value of $2,651,343.06. Following the completion of the transaction, the insider owned 10,470 shares in the company, valued at approximately $994,859.40. This trade represents a 72.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 206,263 shares of company stock worth $20,543,272 in the last ninety days. 6.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup reiterated a “market outperform” rating on shares of Charles Schwab in a report on Monday, January 12th. UBS Group reduced their target price on Charles Schwab from $125.00 to $119.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Morgan Stanley reduced their target price on Charles Schwab from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Citizens Jmp lifted their target price on Charles Schwab from $110.00 to $120.00 and gave the company a “market outperform” rating in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. lifted their target price on Charles Schwab from $128.00 to $131.00 and gave the company an “overweight” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $114.00.

Charles Schwab Profile

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.